Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL Company as if it were not the Collateral Agent hereunder.
Appears in 14 contracts
Samples: Foreign Pledge Agreement (Nortel Networks Corp), Pledge Agreement (Nortel Networks LTD), Foreign Pledge Agreement (Nortel Networks LTD)
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Company or any NNL Company Subsidiary or Affiliate thereof as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Security Agreement (Cummins Inc), Security Agreement (Cummins Inc)
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any NNL Company Subsidiary or Affiliate of the Borrower as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Kindred Healthcare, Inc), Credit Agreement (Kindred Healthcare Inc)
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL Company Loan Party or any of their respective affiliates as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Security and Pledge Agreement (Adelphia Communications Corp), Security and Pledge Agreement (Adelphia Communications Corp)
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL NNC Company as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Security Agreement (Nortel Networks Corp), Canadian Security Agreement (Nortel Networks Corp)
Rights and Powers as a Secured Party. The To the extent the bank serving as the Collateral Agent is also a Secured Party, such entity shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL Qwest Company or Affiliate thereof as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Security and Pledge Agreement (Qwest Capital Funding Inc), Pledge Agreement (Qwest Capital Funding Inc)
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL UNOVA Company or Affiliate thereof as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Guarantee and Security Agreement (Unova Inc), Guarantee and Security Agreement (Unova Inc)
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL Qwest Company or Affiliate thereof as if it were not the Collateral Agent hereunder.
Appears in 1 contract
Samples: Security and Pledge Agreement (Qwest Communications International Inc)
Rights and Powers as a Secured Party. The To the extent the bank serving as the Collateral Agent is also a Secured Party or Outside Secured Party, such entity shall, in its capacity as a Secured Party or Outside Secured Party, have the same rights and powers as any other Secured Party or Outside Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL Qwest Company or Affiliate thereof as if it were not the Collateral Agent hereunder.
Appears in 1 contract
Rights and Powers as a Secured Party. The bank serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such bank and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with any NNL Company the Issuer, its Subsidiaries or Affiliate thereof as if it were not the Collateral Agent hereunder.
Appears in 1 contract
